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dorsaVi Limited Issues Over 109 Million Shares in Compliance with Corporations Act

Story Highlights
  • dorsaVi Ltd issued 109,959,038 shares without disclosure, complying with legal provisions.
  • The share issuance may impact dorsaVi’s market operations and stakeholder interests.
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dorsaVi Limited Issues Over 109 Million Shares in Compliance with Corporations Act

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The latest announcement is out from dorsaVi Limited ( (AU:DVL) ).

dorsaVi Limited has issued 109,959,038 fully paid ordinary shares without disclosure to investors as per the Corporations Act. This move signifies the company’s compliance with the necessary legal provisions and indicates no excluded information under the relevant sections of the Corporations Act. The issuance of shares could potentially impact dorsaVi’s market operations and stakeholder interests by enhancing its capital structure and possibly influencing its market positioning.

More about dorsaVi Limited

dorsaVi Ltd (ASX:DVL) is a company that specializes in developing innovative motion analysis device technologies for clinical applications, elite sports, and occupational health and safety. Their wearable sensor technology allows for detailed human movement and position to be captured and assessed outside of a biomechanics lab in real-time and real situations. The company focuses on two major markets: workplace safety, where they help employers assess injury risks and improve workplace design, and clinical solutions, where they offer tools for physical therapy, hospital in the home, and elite sports management.

Average Trading Volume: 3,039,854

Technical Sentiment Signal: Buy

Current Market Cap: A$10.97M

See more data about DVL stock on TipRanks’ Stock Analysis page.

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